Windsor News & Research Blog - Forex & CFD Market Analysis

The USDJPY edges higher in early Thursday, keeping slight bullish bias as recent drops (larger pullback from May 2 peak at 137.77 and Wednesday’s dip) were contained by rising bull-trendline off 129.61 (Mar 24 low) and also registered…
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Gold keeps firm tone well above $2000 level, following last week’s spike to new marginally higher all-time high, though traders remain cautious and continue to collect profits on jumps above $2050. The metal is supported by prospects of…
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US consumer prices increased by 0.4% in April, in line with expectations, after gaining 0.1% previous month, while annualized figure showed rise of 4.9% compared to 5.0% forecast / March advance. Core inflation, stripped for volatile…
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The Euro is holding around pivotal Fibo support at 1.0960 (23.6% of 1.0516/1.1095) after several attacks failed to register a daily close below this level, pointing to significance of support and adding to signals of another rejection.…
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Sharp drop from a narrow multi-week range (7.84/7.85) extends into the second consecutive day and generating an initial reversal signal, though with more evidence needed for confirmation of the signal. Fresh dip broke through strong…
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The cross extended steep fall into fifth consecutive day and broke below round-figure support at 0.8700 (reinforced by 200WMA) to hit the lowest since mid-December 2022. Bears also emerged below weekly cloud, adding to negative near-term…
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Strong rebound from new lowest since Dec 2021 ($63.63, May 4 low) in past three days is pausing on Tuesday after the action was capped by daily Kijun-sen and 50% retracement of $83.51/$63.63 fall. Bulls lost traction on weak China’s…
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The Euro regained traction on Monday after Friday’s action, shaped in long-legged Doji, signaled indecision. Near-term bias remains with bulls as price action stays above psychological 1.10 support the fourth straight day. The pair…
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The dollar index started the week in negative mode, pressured by speculations of a peak in Fed rates, as the central bank signaled on last week’s policy meeting. Some analysts also point to possible start of cutting rates, though the…
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Australian dollar keeps firm tone and extends last week’s 2.1% advance, hitting a three-week high in early Monday. Weaker US dollar on growing expectations that Fed’s tightening cycle might be over, lifted the Aussie dollar, while solid…
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